Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round your answer to the nearest cent.) P- s140,000, - 7%, t = 5 compounded monthly A-S

Q: A couple invests $1000 in a trust fund each year on their childs birthday. They started the fund on…

A: Given: A couple invests $1000 in a trust fund each year on their Childs birthdayp0. The fund pays…

Q: Find the time required for an investment of 5000 dollars to grow to 8700 dollars at an interest rate…

A: To find  The time required in years when the interest is compounded quarterly

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A:

Q: Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for…

A:

Q: A = P(1 +* Jay'den earned $475 from mowing lawns last summer. He deposited this money in an account…

A: The amount of money deposit in account is $475. The time period for the deposit amount is 15 years.…

Q: Winnie is saving money to buy a honey farm. He invests $7000 at an interest rate of 3.2% per annum,…

A: Given Information -  Investment = $7,000 Interest rate = 3.2% Time period = 5 years. Interest is…

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: we have given P=$42,000,r=234%,t=7A=P1+r4t×4=420001+2316007×4=420001.01437528=62633.737981

Q: Find the time required for an investment of 5000 dollars to grow to 6000 dollars at an interest rate…

A: We have to find the time

Q: Finance. Suppose that $5,300 is invested at 3.7% annual interest rate, compounded monthly. How much…

A: Here is the solution of the given problem. Compound interest:

Q: Nikolas invests $1,400 into a certificate of deposit that earns 1.8% compounded semiannually (twice…

A:

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: Given- Principal, P= $130,000 r = 3% t = 8+14   = 334 Since, it is not specified in the question…

Q: A 529 Plan is a college-savings plan that allows relatives to invest money to pay for a child's…

A: Amount in the Account=Amount invested∗(1+r⁄n)∧(n*t) Amt after 20 years=$46000

Q: Jessi has borrowed $500,000 to buy a new home and will repay the loan with monthly repayments over…

A:

Q: You begin saving for your retirement by investing $620 per month in an annuity with a guaranteed…

A: Here we find how much he will have accumulated in the annuity by the time you retire in 40 years.

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: There two ways for calculating interest : Simple interest compound interest  In simple interest ,…

Q: Find the accumulated amount A if the principal Pis invested at the interest rate of r/year for t…

A:

Q: A bank account principal is 2,000 and accumulates yearly interest at 7 percent interest. Assuming…

A:

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A:

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A: Given: Principal P=$9000,        Future value A=$9810,                     t=3 years find the rate…

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A:

Q: se the Buying a Car information above to answer this estion. uppose you make a down payment of 18%…

A:

Q: Use the compound interest formula to determine the accumulated balance after the stated period.…

A:

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: By using formula the accumulated amount is given as follows :

Q: drienne needs to borrow $15000. She plans to pay it back after 6 years. Her bank offers her two…

A: In this question, the concept of compound interest is applied. Compound Interest Compound interest…

Q: Find the compound amount for the deposit and the amount of interest earned. $8100 at 9% compounded…

A:

Q: A 529 Plan is a college-savings plan that allows relatives to invest money to pay for a child's…

A: The account to grow to $36,000 over 19 years.earn 2% compounded quartely

Q: Diego deposited a certain sum of money in a bank 2 years ago. If the bank had been paying interest…

A:

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A:

Q: Find the time required for an investment of 5000 dollars to grow to 7200 dollars at an interest rate…

A:

Q: f $9,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

A:

Q: You begin saving for your retirement by investing $680 per month in an annuity with a guaranteed…

A: First we find the revenue stream then we will find the final value or final amount

Q: c) Martha invests N$1000 in a Unit-Trust account at an annual interest rate of 7.5%. How much money…

A: For compounded monthly ,Amount=P1+R1212xtwhere t is the time in yearsR is the rate .

Q: H.W (8) let you want to save 1000 $ after six years, how much should you deposit now if the compound…

A: We have to find out

Q: You invest $16000 that earns 4% compounded quarterly. What's the future value of the investment if…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=16000 t=8 years r=4%=0.04…

Q: A payment of $1200 is due in twelve months. Find the equivalent value at six months. The interest…

A: Given that:   The payment of $ 1200 is due in 12 months, So the future value will be $ 1200 Time (t)…

Q: $1240 at 8% compounded annually for 2 years, what's the interest?

A: Given than,Principle amount, p=$1240Time period of investment=2 yearsRate of interest, R=8%

Q: Find the annual percentage yield (APY) in the following situation. A bank offers an APR of 4.78%…

A:

Q: You begin saving for your retirement by investing $680 per month in an annuity with a guaranteed…

A: Let the rate of receipt of the income be r(t). Calculate r(t) for monthly investment. P=$ 680 per…

Q: Videotech specializes in online security software development. It wants to have $94 million…

A:

Q: Ping invests $3000 in a saving certificate that has an interest rate of 5.75% per year, compounded…

A:

Q: A student opens a credit card and immediately maxes it out by putting $500 on it in order to pay for…

A: amount deposit = $500 interest rate = 25.99% compounded monthly time =12 months

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: Given,

Q: Use the compound interest formulas to a. calculate the total amount in the account after the given…

A: As per our guidelines we can answer to a maximum of 1 question. Kindly repost the remaining…

Q: Calculate the total interest when 10,000 is put in a bank that offer an annual interest of 6%…

A:

Q: Find the amount accumulated after investing a principal P for t years at an interest rate r.

A:

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: Given values:

Q: James is investing $15,000 in the bank. The investment has an interest rate of 6% compounded…

A:

Q: Inez wants to have $19.250 In 6 years. Use the present value formula to calculate how much Inez…

A: Consider the given information.

Q: Complete the table to find the amount P that must be invested at rate r to obtain a balance of…

A: